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In conversation, Interbank FX trades use a shorthand abbreviation in expressing spot currency quotations. Consider a $/ bid-ask quote of $1.9072$1.9077. The big figure, assumed

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In conversation, Interbank FX trades use a shorthand abbreviation in expressing spot currency quotations. Consider a $/ bid-ask quote of $1.9072$1.9077. The "big figure", assumed to be known to all traders is: $1.9077 1 1.90 77

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